Posts Tagged ‘economic growth’

  • 16803_nestegg..12.19.11_000003009431XSmall

    Inheritance Issues

    Dec 19, 11 • 661 Views • No Comments

    From 1941 to 1976, for $10 million and more, the top federal estate tax rate was 77%. $10 million in 1941 would equal $153,897,959.18 today. $10 million in 1976 would equal $39,759,226.71 today. Referring to new federal estate tax legislation...  [read more]

  • 16758_7.19_000006524235XSmall

    Stagnation or Education?

    Nov 19, 11 • 235 Views • No Comments

    Is the problem stagnation or education? For George Mason economist Tyler Cowen, it was all about his grandmother. Debating MIT economist Erik Brynjolfsson, Cowen reminded us that a long list of innovations including cars, antibiotics and refrigerators...  [read more]

  • 16710_6.14_000008997748XSmall

    Innovation and Jobs

    Oct 26, 11 • 1357 Views • No Comments

    Just say, “More productivity, R & D and economies of scale,” and you are talking about large firms. New Yorker financial columnist James Surowiecki reminds us that too often we glorify small businesses and forget how A&P, Walmart and their...  [read more]

  • The Per Capital Dog Population Is An Economic Indicator

    Pooches and Prosperity

    Sep 18, 11 • 229 Views • No Comments

    In Latin America, with Brazil #1, being middle class means owning a dog. According to the Economist, more dogs mean more pet food, “knick-knacks,” and veterinary care. Based on pet food sales, the Latin American dog to cat ratio is 6 to 1. (In...  [read more]

  • 16609_3.1_000005787159XSmall

    Healthcare and Baumol’s Disease

    Sep 11, 11 • 295 Views • 1 Comment

    Asked why healthcare is relatively expensive while cell phones are not, you could answer, “Baumol’s Disease.” Described by New Yorker columnist James Surowiecki, to play Mozart’s String Quartet in G minor in 1787 and now, we need 2...  [read more]